According to company data, it’s insurance portfolio last year was 7% higher than in 2012 and 73% of the policies were traditional life insurance.

The value of financial assets under the insurer’s management reached RON2.5 billion, up 8% compared to 2012.

ING Asigurari de Viata paid claims of RON121.7 million last year, 27.3% higher than in 2012. Nearly 78% of the claims were on contracts that reached maturity.

“We ended 2013 with positive results on the life insurance and voluntary private pension segments,” general manager Marius Popescu said in a press release.

ING Asigurari de Viata is the largest local insurer by 2012 revenues. The company is part of Dutch financial group ING and has been present on the Romanian market since 1997.